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Bitcoin and Altcoins In Downtrend Despite Recent Bounce
26.8.2019
This past week, there were mostly bearish moves in bitcoin price below the USD 10,500 and USD 10,200 levels. BTC/USD even revisited the USD 9,750 support area and it recently started an upside correction. The price surged above USD 10,200 and USD 10,300, but the main resistance near the USD 10,500...
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Bitcoin Cash Innovation Accelerates With Cashscript High-Level Language
26.8.2019
Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing...
Immortality, Cryogenics and UBI: How The Crypto Rich Influence Science
25.8.2019
The rise of cryptocurrency is changing the philanthropic world by causing the redistribution of wealth from old money to visionary innovators and early tech adopters. The new crypto rich invest their donations by supporting scientific research in groundbreaking fields that may one day enable...
Bitcoin History Part 16: The First Mt. Gox Hack
25.8.2019
No one remembers the first Mt. Gox hack. It was a small sum, even by 2011’s standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day. By the time the dust...
Send Token Payouts With Ease Using Bitcoin.com’s SLP Dividend Calculator
25.8.2019
On August 23, Bitcoin.com released a new application called the SLP Dividend Calculator. The new platform allows users to build a transaction to make dividend payments to any Simple Ledger Protocol (SLP) token holder. Also read: How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin...
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...
The White House Just Blamed Bitcoin for America’s Opiate Crisis
24.8.2019
The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common...
Doing What You Want With Your Money Is a Fundamental Right
24.8.2019
Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes...
Watch Two Alleged Thieves Walk out of a Mall with a Bitcoin ATM
23.8.2019
Two men entered a mall in Lynnwood, Washington earlier this month and apparently strolled out with a Bitcoin ATM, a security footage captured on August 3 showed.
The alleged thieves casually went into the mall, then immediately went back out. Several minutes later, after the stores had closed at...
Cryptocurrency Domains Have Become Hot Property
23.8.2019
Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up...
Bitcoin Salary: 'Regress to Slavery' vs. Real Life Example
23.8.2019
Mainstream media plays an important role in educating public about the world of cryptocurrencies, and this time, two major British news outlets attempted to discuss what it means to be paid in crypto. The picture they showed is somewhat mixed.
First, the Financial Times opined that, while...
Did Someone Just Buy 45 Bitcoins for USD 14?
23.8.2019
Users of Singapore-registered cryptocurrency exchange BitMax (39th by reported trading volume) are scratching their heads as it looks like someone managed to buy 45 bitcoins for USD 14 today, which would normally cost c. USD 458,100.
Today, a screenshot started to circulate in social media...
The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory
23.8.2019
The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer...
Craig Wright Again Claims Authorship of Bitcoin White Paper
23.8.2019
Wright has made another attempt to cement his claim to be Satoshi Nakamoto, posting bitcoin's white paper on a scientific paper hosting site
The New Bitcoin Banks Are Here
23.8.2019
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements...
Bitcoin and Altcoins Rebound Likely To Face Hurdles
23.8.2019
After a downward move, bitcoin price found support near USD 9,750 and recently started an upside correction. BTC/USD climbed above the USD 10,000 resistance, but it is still facing many important hurdles near USD 10,000, USD 10,280 and USD 10,320. Similarly, ethereum, ripple, bitcoin cash, binance...
Overstock Appoints New CEO After Under-fire Byrne Steps Down
23.8.2019
American retailer Overstock has confirmed the appointment of Jonathan Johnson as its new interim boss after crypto-keen Patrick Byrne stepped down as CEO and board member on August 22. Shares in the company shot up by 8.31% in the hours after Overstock revealed the news.
Byrne stepped into...
How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash
22.8.2019
On August 21, James Cramer, the developer behind the Simple Ledger Protocol (SLP), announced the launch of the Electron Cash SLP version 3.5. The latest release allows people to create a new type of SLP token called NFT1, a non-fungible token that can be grouped together by a single ID....
Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE
22.8.2019
Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they...